Yes exactly. I didn't think the number of shorts was that large, but anyway. They often will drive the price down further (doubling down) but they are on both sides of the ledger since they don't incur brokerage fees. They are hoping to hit stop losses from traders and retail holders capitulate. Within 2 trading days if they can't get the volume, they require the SP naturally increases as they attempt to cover for the lowest price possible with the uncertainty they've helped created.
- Forums
- ASX - By Stock
- NEU
- Share Price
Share Price, page-9472
-
- There are more pages in this discussion • 2,032 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NEU (ASX) to my watchlist
(20min delay)
|
|||||
Last
$15.61 |
Change
0.395(2.60%) |
Mkt cap ! $1.994B |
Open | High | Low | Value | Volume |
$15.51 | $15.82 | $15.46 | $2.978M | 190.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 844 | $15.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.61 | 714 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 64 | 15.610 |
25 | 2720 | 15.600 |
8 | 737 | 15.590 |
6 | 600 | 15.580 |
7 | 844 | 15.570 |
Price($) | Vol. | No. |
---|---|---|
15.620 | 40 | 4 |
15.630 | 726 | 12 |
15.640 | 646 | 10 |
15.650 | 1515 | 11 |
15.660 | 397 | 3 |
Last trade - 13.45pm 30/08/2024 (20 minute delay) ? |
Featured News
NEU (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online